Mixed-Use Building – 24,964 sq ft in Miami Gardens, FL – Strong Cash Flow and Upside Potential

Category: Mixed-Use

Price:$8,000,000

Location: Miami Gardens, FL

Year Built: 1989

Days on Market: 87

Description:

INVESTMENT HIGHLIGHTS: Building Size 24,964 sq ft, Lot Size 39,204 sq ft, Year Built 1989, 97% occupied, First Time On Market in Over 20 Years, Recently Re-Roofed, New LED lighting, New surveillance cameras throughout the property, New, LED monument sign, 85 parking spaces, 1 elevator, 2 staircases. Strong and stable cash flow for potential investors. Upside potential by leasing the remaining unit plus adjusting rents through multiple short-term leases. Triple net leases . 5% annual rent increases providing strong rent growth for a potential buyer. The investment presents a unique opportunity to own a mixed-use building with small spaces that can easily be rented out to in a rapidly growing neighborhood.

Opportunity to own a strong stable investment property. Centrally located in a dense area with high traffic.

Listing Code: 1093759021